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the federal government may not be able to pay its bills once the country reaches its borrowing limit on december 31st, which is monday. that could broil financial markets and lead to a financial downgrade. he proposes a series of extraordinary measures to postpone the date that the u.s. would otherwise default on its legal obligations. geithner estimates his plan would free up about $200 billion, providing roughly two months of wiggle room. >>> well, last night on "the rachel maddow show," guest host ezra klein asked former clinton budget director alice rivlin on where we could see the fallout from the fiscal cliff. >> the real uncertainty i think is what the markets will look isn't in control of its own destiny because we're acting that way right now. now, if you're an investor, whether you're in some part of the united states or you're in some other part of the world, do you really want to buy american securities? do you want to invest in a country whose government isn't functioning? i don't think so. so, we could get a big market reaction, a drop in the stock market, and that mig
making news this morning. activists in syria say government war planes attacked a bakery in a rebel held town killing more than 60 people, some of them children. it appears to be one of the deadliest aerial attacks in that country's nearly two-year long civil war. >>> u.s. senator michael crapo says he is deeply sorry for being arrested and charged with dui sunday. >>> in honolulu, president obama and first lady michelle obama attended a memorial service for senator inoyue. >>> comments from mitt romney's oldest son that has gotten people talking. it has been seven weeks since the election and there has been a steady stream of details coming from both campaigns. now comes the revolution from tagg romney that his father had no desire to run for president again, at least at first. we have more on that story from boston. >> i have just called president obama to congratulate him on his victory. >> reporter: as mitt romney, members of his campaign staff and top gop leaders continue assessing how he lost the election to a vulnerable incumbent president, the oldest son of the former massachuset
. >> and happy holidays to you as well. some stories making news this morning. activists in syria see government warplanes attacked a bakery in a rebel-held town killing people including children. it appears to be one of the deadliest aerial attacks in the nearly two-year-long civil war. >>> michael crapo is sorry after been arrested and driving under the influence near washington, d.c., early sunday. >>> and in honolulu, president obama and the first lady attended a memorial service for senator daniel inouye, the world war ii veteran who died last week at age 88 after serving nearly 50 years in congress. >>> now to new comments from mitt romney's oldest son that have gotten a lot of people talking. it's been seven weeks since the election and there has been a steady stream of behind-the-scenes details coming from both campaigns. now comes the revolution from tag romney that his father had no desire to run for president at least at first. we have more on that from boston. >> i have just called president obama to congratulation him on his victory. >> reporter: as mitt romney, top gop leaders cont
Search Results 0 to 2 of about 3